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Wednesday, August 13, 2025
TopicImport taxes

Topic: Import taxes

Trump’s executive order doubling tariffs on steel, aluminium imports comes into effect

White House economic adviser Kevin Hassett says thorough study of data revealed the need to push for tariffs from 25% to 50%.

‘No tariffs if Canada joined US’: Trump renews offer of making Canada 51st state of US

The remarks came after Trudeau's resignation. The US President-elect plans to impose 25% tax on Canadian imports.

Canada finance minister quits after clash with Trudeau over Trump tariffs, spending

Chrystia Freeland dismissed Trudeau’s push for increased spending as a political gimmick that could hurt Ottawa’s ability to deal with the 25% import tariffs U.S. President-elect Donald Trump says he will impose.

Tax iPhones, don’t raise interest rates to support rupee, says Modi’s advisor

PM’s Economic Advisory Council member Rathin Roy says imports of iPhones & spending on foreign education has gone up.

On Camera

Musk’s golden touch is on the line. Tesla needs him to do what he does best — sell a pen

Tesla sales have been sliding, profits have been shrinking, and brand loyalty is faltering. Elon Musk’s politics has something to do with it.

How mining, manufacturing & power sectors weighed on India’s industrial output since January 2024

India’s industrial output growth saw a 10-month low in June, with Index of Industrial Production (IIP) growing by mere 1.5% as against 1.9% in May 2025.

India expands Southeast Asia defence footprint with new joint venture in Philippines

Memorandum of understanding between SMPP and ADFC was signed during state visit of Philippines’ President to India earlier this month.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.